Surya Innovative Building Materials Private Limited

Surya Innovative Building Materials Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U28111KA2008PTC048177 Incorporated 04 November 2008 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2024
₹4.82 Cr
▲ 45% YoY
Net profit · FY 2024
₹55.56 Lakh
Net margin 11.5%
EBITDA · FY 2024
₹81.58 Lakh
EBITDA margin 16.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹1.41 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
14
Provident fund records

About Surya Innovative Building Materials Private Limited

Data last updated:

Surya Innovative Building Materials Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 04 November 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28111KA2008PTC048177. Its GSTIN is 29AAQCS6156G2ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Surya Metal Doors (Bangalore) Private Limited. It is led by directors Huliyappa Ravikumar (Managing Director) and Halasiddappa Kusuma (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shed No.1 Sy. No. 17/6 & 17/10 Ajjanahalli Vill. Tavarekere Hobli Bangalore South Tq., Karnataka, India – 562130.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.82 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹55.56 Lakh (net margin 11.5%) and EBITDA of ₹81.58 Lakh (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 8% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.41 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.

Surya Innovative Building Materials Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0002732). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U28111KA2008PTC048177
Registration Number 048177
Incorporation Date 04 November 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0002732

Recognitions & Rankings of Surya Innovative Building Materials

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-02-0002732

Contact details

Surya Innovative Building Materials Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shed No.1 Sy. No. 17/6 & 17/10 Ajjanahalli Vill. Tavarekere Hobli Bangalore South Tq., Karnataka, India – 562130
  • Industry
    Manufacturing, Construction Materials

To see the full contact details of Surya Innovative Building Materials Private Limited, buy the company report.

Comprehensive company report
Surya Innovative Building Materials Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Surya Innovative Building Materials is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Surya Innovative Building Materials Private Limited, buy the company report.

Financials of Surya Innovative Building Materials Private Limited

FY 2024 filings available

Surya Innovative Building Materials Private Limited reported revenue of ₹4.82 Cr (up 45% YoY) for FY 2024.

Revenue · FY 2024
₹4.82 Cr ▲ 45%
Net profit · FY 2024
₹55.56 Lakh margin 11.5%
EBITDA · FY 2024
₹81.58 Lakh margin 16.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 63%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 121%
3 years · compounded
▲ 231%
5 years · compounded
▲ 23%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 45% growth in the latest year. EBITDA rose 121% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹81.58 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹55.56 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.9%
Net Profit Margin11.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Surya Innovative Building Materials Private Limited, buy the company report.

Board of directors of Surya Innovative Building Materials Private Limited

Surya Innovative Building Materials has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Huliyappa RavikumarManaging Director04 Nov 200817 Years 11 MonthsCurrent
Halasiddappa KusumaWhole-Time Director04 Nov 200817 Years 11 MonthsCurrent

Auditor

Surya Innovative Building Materials Private Limited is audited by D M SURESH for the financial year 2023.

Auditor firmFinancial yearFirm registration number
D M SURESHFY 2023213034

Shareholding

The shareholding of Surya Innovative Building Materials Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Surya Innovative Building Materials Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.41 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹1.41 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 2023100684812State Bank of India₹85 LakhOpen
16 Nov 201210388129State Bank of India₹56 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Surya Innovative Building Materials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Surya Innovative Building Materials Private Limited has a workforce of 14 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.

Employee count
14
Active EPFO establishments
1
Employee growth
75%

GST

Surya Innovative Building Materials has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAQCS6156G2ZQKarnatakaActive28 Aug 2017

To see the full GST registrations and return filing status of Surya Innovative Building Materials Private Limited, buy the company report.

Recent activity

Surya Innovative Building Materials Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Pallavi Ravi ceased to be Whole-Time Director on 30 Mar 2019.

AGM
Surya Innovative Building Materials Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Surya Innovative Building Materials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 0.85 Cr with Charge ID 100684812 was registered on 28 Feb 2023.
Ceased
Pallavi Ravi ceased to be Whole-Time Director.
Ceased
Ravi Chikkamagaravalli Thimme Gowda ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.56 Cr with Charge ID 10388129 was registered on 16 Nov 2012.
Appointed
Halasiddappa Kusuma was appointed as Whole-Time Director.
Appointed
Huliyappa Ravikumar was appointed as Managing Director.
Incorporation
04 Nov 2008
Surya Innovative Building Materials Private Limited was registered on 04 Nov 2008 with Roc Bangalore & aged 17 years 11 months as per MCA records.

Frequently asked questions

Surya Innovative Building Materials is an active private limited company based in Bangalore, Karnataka, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 04 November 2008 (18+ years old) and is registered under CIN U28111KA2008PTC048177.

Surya Innovative Building Materials has 2 current directors:

The latest financial statements of Surya Innovative Building Materials on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Surya Innovative Building Materials is 29AAQCS6156G2ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Surya Innovative Building Materials is U28111KA2008PTC048177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Surya Innovative Building Materials has 3 court cases on record: 3 filed by the company. Most are in the district courts.

Surya Innovative Building Materials was incorporated on 04 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

Pallavi Ravi ceased to be Whole-Time Director on 30 Mar 2019. Ravi Chikkamagaravalli Thimme Gowda ceased to be Director on 30 Mar 2019. Halasiddappa Kusuma was appointed as Whole-Time Director on 04 Nov 2008. Surya Innovative Building Materials has 4 board changes on record in total.

Yes, Surya Innovative Building Materials is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0002732).

The registered office of Surya Innovative Building Materials is at Shed No.1 Sy. No. 176 & 1710 Ajjanahalli Vill. Tavarekere Hobli Bangalore South Tq., Karnataka, India – 562130.